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Gold’s correction is now in the rearview mirror
[Gold Newsletter #289] Gold Price: $4,181.07 News: Gold draws strength from central banks’ price-agnostic buying spree, analysts see new bullish potential for gold as prices hold above $4,100. Gold price forecasts: $4,600 to $5,000
A summary of the most important gold news and analysis of the last week.
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Gold price
Gold price: $4,181.07 $XAUUSD ( 0.0% ) [View live gold price.]
Change from last week: $184.29 (4.61%)
Gold news
This week’s summary of gold news and analysis.
• Gold’s correction is now in the rearview mirror; record prices are on the horizon - NDR’s Tim Hayes [Kitco]
• Did you miss the dip? Analysts see new bullish potential for gold as prices hold above $4,100 [Kitco]
• When uncertainty rises, gold rallies [World Bank Blogs]
🔮 Gold price forecasts
• Gold may surge to $4,600 as central banks, ETFs fuel demand: Emkay Wealth [Business Standard]
• Gold price forecast: Gold rate to surge to $4,700 in 2026? Here’s what Wells Fargo’s gold price prediction says [The Economic Times]
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🌐 World gold news
Gold news from a global perspective.
🇨🇳 China
• China's central bank buys gold for 12th straight month [The Economic Times]
• You asked, we answered: What are the implications of the VAT reform in China? [World Gold Council]
• China discovers 1st super-large single gold deposit with thousand-ton-level reserves [Global Times]
• China's gold output up 1.39% in first three quarters [China Daily]
"China produced 271.78 metric tons of gold in the first three quarters of 2025, up 1.39 percent year-on-year, data from the China Gold Association revealed."
• Chinese gold retailers close stores amid high market prices [Sixth Tone]
"The internationally skyrocketing price of gold has reduced Chinese consumer demand for the metal, causing jewelry store owners to close up shop around the country."
🇪🇬 Egypt
• Egypt’s FRA unveils framework for life insurers to tap gold investments [State Information Service]
🇩🇪 Germany
🇮🇳 India
• India speeds up efforts to bring its gold home [FXStreet]
• India discovers new gold mines in Odisha, Madhya Pradesh and Andhra Pradesh [The Financial Express]
🇮🇩 Indonesia
• WGC clarifies data error after BI denies 11-ton gold sale report [Jakarta Globe]
🇮🇶 Iraq
🇰🇪 Kenya
• Kenya discovers largest gold deposit in decades, worth an estimated US$5.29 billion [Business Insider Africa]
🇵🇱 Poland
🇸🇳 Senegal
🇦🇪 United Arab Emirates
• Where does the world’s second-largest gold hub, Dubai, get its gold from? [The Times of India]
🇬🇧 United Kingdom
🇻🇳 Vietnam
• Experts urge caution in Vietnam’s gold taxation strategy [VietNamNet]
Gold-backed cryptocurrency
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• Tether hires top HSBC gold traders to take on bullion market (archive) [Bloomberg]
• Tether’s latest gold move mirrors central banks [BeInCrypto]
Read more about gold-backed cryptocurrencies.
Gold Weekly features curated articles from various sources and is not financial advice.
For news submissions, email goldweeklynews @ gmail . com.
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